Daily Record

BRICS Bank moves to issue 30% of loans in local currencies

The New Development Bank (NDB), otherwise known as the BRICS Development Bank, has announced plans to begin lending in South African and Brazilian currencies in order to defy reliance on the US dollar. The bank’s president, Dilma Rousseff disclosed this in a recent interview with the Financial Times. Recall that …

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Serve Nigeria not regions or states, Tinubu charges new ministers

  President Bola Tinubu and new ministers. In a bid to reboot his three-month long administration, President Bola Tinubu yesterday, charged the 45 newly sworn-in Ministers to prioritise national interests and shun regional or primordial considerations while working towards facilitating the delivery of objectives that underpin the renewed hope agenda …

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Stanbic IBTC Bank Supports SME Growth and Development with SME Collab Market Storms in Major Nigerian Cities

Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC and a renowned financial institution in Nigeria, has recently concluded a series of highly successful market storm events. The remarkable events drew an impressive turnout of more than 5,000 individuals, including entrepreneurs and local businesses. The participants who gathered …

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